Charter Hall Retail REIT is Australia’s leading owner and manager of property for convenience retailers. Our goal is to maintain our position through active asset management, enhancing the asset quality within the fund and maintaining a prudent capital position.
The result of our strategy is that we deliver a resilient and growing income stream for our investors. Through our continued focus on partnering with the leading convenience retailers, we optimise returns for our investors and create enjoyable and convenient
shopping experiences for more than 150 million shopper visitations to our properties each year.
"We continue to focus on being the leading owner and manager of property for convenience retailers."
Welcome to the Charter Hall Retail REIT (the REIT or CQR) 2020 Annual Report.
2020 has been a challenging year for the retail sector. The financial year began with a backdrop of sub-trend economic and wages growth. Against this backdrop, drought and a terrible bushfire season ravaged much of the country, providing significant hardship for many Australians. In isolation these events would have marked FY20 as a challenging year, but all this took place before the COVID-19 global pandemic.
Charter Hall Retail REIT's (ASX:CQR) focus remains on providing a secure and growing income stream for our investors. We achieve this through maintaining our position as the leading owner and manager of property for convenience retailers.
Charter Hall Long WALE REIT (ASX:CLW) focuses on providing secure and growing income streams for investors through its exposure to a long weighted average lease expiry (WALE) portfolio of properties, diversified across sectors.
Charter Hall Social Infrastructure REIT (ASX:CQE) continues its focus on enhancing its social infrastructure portfolio with a diligent approach to asset acquisitions and disposals, as well as leasing and development, matched with prudent capital management.